Sex, Lies and Pots of Cash ; a Damning Report Blasts the Bosses Who Milked Pounds 42m After Buying Rover for Pounds 10. But Guess What... It Doesn't Blame the Politicians [Scot Region Edition 2]

Summary


THE ROVER REPORT THE extraordinary greed and ministerial impotence which led to the collapse of Britain's best-known car maker was laid bare yesterday.

The long-awaited inquiry into MG Rover reveals how the so-called 'Phoenix Four' who bought the car maker for just Pounds 10 shared up to Pounds 42million in the run-up to the firm's demise in 2005.

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Extract


Sex, Lies and Pots of Cash ; a Damning Report Blasts the Bosses Who Milked Pounds 42m After Buying Rover for Pounds 10. But Guess What... It Doesn't Blame the Politicians [Scot Region Edition 2]

The independent 830-page report chronicles an astonishing tale of sex, lies and money but also prompted accusations of a 'whitewash' after the Government escaped serious criticism.

The Tories demanded to know why a series of ministers dodged any blame despite fully supporting the takeover of the company and wasting millions of taxpayers' mo...

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